Sanan Optoelectronics signed a 300 million LED contract


Sanan Optoelectronics announced on the evening of the 25th that the company provided the required LED lighting products for Zijin Mining's energy-saving lighting renovation. The contracted energy management company's purchase amount is not less than RMB 300 million.
According to the announcement, the company signed the Cooperation Framework Agreement with Zijin Mining Group Co., Ltd. and Fujian Anxin Contract Energy Management Co., Ltd. on December 24, the contract stipulated: Zijin Mining Group headquarters, subsidiaries within the group, and branches The energy-saving lighting renovation was implemented by Anxin Energy in the contract energy management mode, and the LED lighting products needed for energy-saving lighting renovation were provided by the company. Anxin Energy's procurement of LED lighting products within two years (up to three years) shall not be less than RMB 300 million. According to the situation of Zijin Mining's energy-saving renovation project, the quantity and amount of purchases may be added.
The company said that the contract performance will have an impact on sales revenue and performance in the next two years. The company's cooperation is in line with the company's previous application of products, in line with the national energy-saving emission reduction call, the development of the LED industry and the company's development goals.
According to reports, the above energy-saving lighting transformation is replaced by traditional lighting products into LED lighting, including LED indoor lighting, LED lighting, LED street lights, LED mining lights, LED downhole lights. Zijin Mining agreed to participate in the energy-saving lighting renovation project of Zijin Mining with the contract energy management mode, that is, Anxin Energy first invested in the transformation of Zijin Mining's energy-saving lighting, Zijin Mining saved the electricity bill after the completion of energy-saving renovation, and paid to Anxin Energy for ten consecutive years. As an energy source of Anxin. After the completion of the implementation of the Anxin Energy Assurance Project, the power saving rate can reach 60 or more before the transformation.
It is worth noting that energy conservation and emission reduction have been continuously promoted, and the LED industry chain has gradually recovered. In the semi-annual report, the company said that the company's LED chip main business demand is strong, the company's wholly-owned subsidiary MOCVD equipment has exceeded 130 units in full production. The company's previous fundraising of 3.3 billion investment in Wuhu Optoelectronics Industrialization (Phase II) project has also been approved by the CSRC. In addition, the company decided to purchase a wholly-owned subsidiary, Xiamen Sanan Optoelectronics Technology Co., Ltd., to purchase 20 international single-cavity machines or five four-cavity machine-connected gallium nitride MOCVD equipment and expand part of the LED chip production line. As capacity is further released, the scale effect will be further reflected.


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